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Forget cash, ATMs will now dispense gold in India

Monitor News Desk by Monitor News Desk
Dec. 05, 2022 Updated 11:38 am. IST
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Forget cash, ATMs will now dispense gold in India


Hyderabad: India’s first gold ATM has been opened in Hyderabad.

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Customers can now purchase pure gold coins from the ATM using their debit or credit cards.

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The ATM was launched into the market by the ‘GoldSikka’ company.

The company said that customers can buy gold coins from 0.5 to 100 grams and receive a certificate verifying their purity and weight.

Gold ATMs will be available 24 hours a day. The Gold ATMs will be installed in Guljar House, Secunderabad, and Abids in Hyderabad, as well as Peddapalli, Karimnagar.

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